FSUOGM - Former Soviet Union Oil & Gas
Moldova is negotiating gas supplies with Azerbaijan and Romania
Putin ready to turn on gas again but says if new sanctions imposed Russia “won’t deliver anything.”
Belarus increases oil production and plans common oil market with Russia
Amid the EU’s current energy crisis, Belarus and Russia are expanding their energy co-operation and Belarus is even increasing its oil production despite Western sanctions against its oil exports.
Chevron reportedly working with Kazakhstan on oil export alternatives to Russia’s Novorossijsk
Turkey set to pay in rubles for quarter of gas piped from Russia
INTERVIEW: "The European gas crisis is caused by Gazprom, they don't want to supply gas" – Sergiy Makogon, CEO of GTSOU
Fears of a brutal winter are sending chills through Europe, even more so after Russia stopped gas flows through Nord Stream 1 indefinitely last week citing an alleged oil leak.
OPEC+ reverses recent addition with first cut in 18 months
S&P cuts Kazakhstan outlook to negative amid fears of Russian hand on oil export tap
Oil accounts for around 15% of Kazakh GDP. Russia has ability to block pipeline via which its neighbour transits 80% of its crude bound for global markets.
Sanctions leakage: oil and gas
Not only have the extreme sanctions imposed on Russia following its invasion of Ukraine in February not crushed the economy, Russia is making a killing from the war thanks to the abundant leaks in the sanction regime.
Repairs to power lines at ZNPP currently impossible, says Ukrainian Energy Minister after final power unit shutdown
The hostilities around the occupied Zaporizhzhia nuclear power plant (ZNPP) have made it impossible to repair the final power line, which was disconnected following a fire at the plant, Ukrinform reported on September 5.
Azerbaijan increased its profit from Southern Gas Corridor by almost 43 times in 2021
Azerbaijan exported 11 bcm of gas via TANAP and TAP gas pipelines in January-August
SOFAZ doubled income from the sale of oil and gas from ACG and Shah Deniz in January-August
Iran implies West needs nuclear deal more than it does amid ‘crippling energy crisis’
Tehran serves reminder that ‘winter is approaching’ and Europe needs Iran’s oil and gas on the market.
MOSCOW BLOG: Economic war phase 2
Russia launched its Phase 2 of its military campaign in Ukraine in April, when it withdrew from northern Ukraine to concentrate its forces on taking Donbas. Now it has launched its Phase 2 of its economic war against Europe by stopping the gas flows.
Russia's indefinite closure of Nord Stream 1 triggers another price spike
Natural gas prices surged after Russia halted its biggest pipeline to Europe indefinitely, plunging the region deeper into a crisis that could push major economies into recession and force rationing.
Gazprom and Hungary agree on additional gas deliveries for winter
Agreement guarantees the delivery of up to another 5.8 mcm gas per day to Hungary in September and October.
Aliyev admits that SOFAZ lost $2bn-3bn on financial markets
Equinor finishes exit from Russia
FSUOGM: Unknown Dubai firm reportedly bids for Shell's stake in Russian oil project
Lukoil exec becomes latest Russian energy businessman to die in mysterious circumstances
How much Azeri gas can head to Europe?
Europe has approached Azerbaijan as a source of additional gas to eliminate more Russian imports. But how much extra gas the country may provide, beyond the 10 bcm per year it is already sending, will depend on exploration results and Turkish assent.
Russian officials confirm Gazprom’s dividend
The G7 announces an oil cap price sanctions scheme, but will it work?
G7 finance ministers agreed on September 2 to impose an oil price cap on the Russian oil trade starting December 5 that is supposed to reduce the revenue the Kremlin earns from its exports but gave few details of how the scheme will work.
New gas well launched in Lviv region
A new gas well in Ukraine’s Lviv region was launched with the co-operation of Expert Petroleum and Ukrgazvydobuvannya, Ukraine Business News reported on September 2.
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